Antofagasta plc (LON:ANTO) Announces Dividend of $0.24

Antofagasta plc (LON:ANTO) declared a dividend on Tuesday, February 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be given a dividend of $0.24 per share by the mining company on Monday, May 12th. This represents a dividend yield of 0.93%. The ex-dividend date is Thursday, April 17th. This is a 197.5% increase from Antofagasta’s previous dividend of $0.08. The official announcement can be accessed at this link.

Antofagasta Stock Up 0.2 %

Antofagasta stock opened at GBX 1,521.50 ($20.06) on Tuesday. The business’s 50-day simple moving average is GBX 1,734.95 and its two-hundred day simple moving average is GBX 1,743.37. The company has a market cap of £18.75 billion, a PE ratio of 24.53, a PEG ratio of -1.08 and a beta of 1.00. Antofagasta has a fifty-two week low of GBX 1,278 ($16.85) and a fifty-two week high of GBX 2,425 ($31.98). The company has a debt-to-equity ratio of 65.33, a quick ratio of 2.78 and a current ratio of 2.14.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,400 ($31.65) price objective on shares of Antofagasta in a report on Friday, March 28th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 2,125 ($28.02) price target on shares of Antofagasta in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Antofagasta presently has an average rating of “Hold” and an average price target of GBX 2,185 ($28.81).

Antofagasta Company Profile

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.